Daily News Wrap-Up: India Added 13 GW of Solar Capacity in 2022
CIL invites bids for 20 MW solar project in Jharkhand
February 23, 2023
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India added 13 GW of solar capacity in the calendar year (CY) 2022, a 27% increase year-over-year compared to 10.2 GW installed in CY21. India’s cumulative installed solar capacity now stands at 63 GW, according to Mercom India Research’s newly released 2022 Q4 & Annual India Solar Market Update. Large-scale solar projects accounted for 87% of installations and saw a 33% surge YoY in CY22. India added 2.6 GW of solar in the fourth quarter) of 2022, a quarter-over-quarter drop of 2.5%. Installations were down 5% compared to 2.8 GW in the same period last year.